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Sold for $1,200,000
  • Listing Provided by: 

    Carolyn Delgado DRE #01774411 562-677-5117,

    Realty Connection Group

    Bought with: Realty Connection Group
    $1,200,000

    847 N Ridgewood Pl, Los Angeles, CA 90038

    5beds
    4baths
    6,735sqft
    Quadruplex
    Built in 1924
    -- sqft lot
    $1,318,400 Zestimate®
    $178/sqft
    $4,606 Estimated rent

    Home value

    $1,318,400

    $1.16M - $1.50M

    $4,606/mo

    Zestimate® history
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    What's special

    Welcome to N. Ridgewood Pl. Treelined street with legendary views of the Hollywood Sign. A great opportunity awaits in this Four Plex in Prime Location adjacent to Paramount Studios in Hollywood, CA! There are four units in the building consisting of: Unit 1 with 2 bdrm + 1 bthrm; Remaining 3 Units are 1 bdrm +1bath each. Total Living area of approximately 4029 sq. ft. All units are occupied and sold with tenants. The lot size is approximately 6737 sq. ft. Oversized garage area with additional parking available on premise. This building is large enough to remodel and redesign for investor or developer or simply tear down and build your dream home in this highly desirable location in Melrose. Remodel and redesign and enjoy backyard views of the iconic Hollywood sign and Griffith Observatory. Conveniently located within walking distance to some of the best shopping and dinning in LA, as well as local hiking trails and nightlife in Hollywood. Also near Larchmont Village, The Grove, 101, 10, 5 and 405 Highway. Public Transportation. Near West Hollywood, schools, and just about something for everyone. Please don't disturb tenants. Seller is selling this property in its present "as is condition" and will not make any repairs or improvements. Financial information provided by property owners and not guaranteed by Agent, affiliates or seller. Buyer to fully investigate through escrow. Seller has made upgrades to units. The Building has been managed by the owner and has potential for new management with upside in rents.

    Zillow last checked: 7 hours ago

    Listing updated: December 04, 2024 at 09:22pm

    Listing Provided by:

    Carolyn Delgado DRE #01774411 562-677-5117,

    Realty Connection Group

    Bought with:

    Carolyn Delgado, DRE #01774411

    Realty Connection Group

    Source: CRMLS,MLS#: PW24091136MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Wall Furnace
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,735
    • Total interior livable area: 6,735 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Covered, Detached Carport, Off Street
    • Garage spaces: 4
    • Has carport: Yes
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    • Spa features: None
    • Fencing: Wrought Iron
    Lot
    • Size: 6,735 sqft
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 5535001014
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Spanish
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Public Sewer, Private Sewer
    • Water: Public, Private
    • Utilities for property: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected

    Community & neighborhood

    Community
    • Community features: Dog Park, Street Lights, Sidewalks, Urban
    Location
    • Region: Los Angeles

    Other

    Other facts
    • Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange,FHA

    Price history

    DateEventPrice
    6/28/2024Sold$1,200,000-14.3%$178/sqft
    Source: CRMLS #PW24091136 Report a problem
    6/21/2024Pending sale$1,399,999$208/sqft
    Source: CRMLS #PW24091136 Report a problem
    5/19/2024Contingent$1,399,999$208/sqft
    Source: CRMLS #PW24091136 Report a problem
    5/8/2024Listed for sale$1,399,999+600%$208/sqft
    Source: CRMLS #PW24091136 Report a problem
    4/19/1995Sold$200,000$30/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,225 +231.5%$1,224,000 +271.7%
    2024$4,593 +1.7%$329,323 +2%
    2023$4,518 +4.3%$322,866 +2%

    Find assessor info on the county website

    Neighborhood: Hollywood

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,318,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,318,400